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Fortune Minerals Ltd T.FT

Alternate Symbol(s):  FTMDF

Fortune Minerals Limited is a mining company. It is engaged in the exploration and development of mineral properties in Canada. It is focused on developing the NICO Cobalt-Gold-Bismuth-Copper Project in the Northwest Territories and Alberta that produces a bulk concentrate for shipment to a refinery that it plans to construct in southern Canada. It also owns the satellite Sue-Dianne copper-silver-gold deposit located 25 kilometers (km) north of the NICO Deposit and is a potential future source of incremental mill feed to extend the life of the NICO mill and concentrator. It also maintains the right to repurchase the Arctos anthracite coal deposits in northwest British Columbia. It also has a 100% interest in these 116 hectares of property south of Great Slave Lake with copper, silver, gold, lead and zinc showings. It has a 1% net smelter royalty covering 78 hectares of land positioned in a former silver mining district, located south of the Eldorado mining district at Great Bear Lake.


TSX:FT - Post by User

Comment by redon Nov 27, 2021 8:57am
222 Views
Post# 34171908

RE:RE:Canada, a critical-minerals superpower?

RE:RE:Canada, a critical-minerals superpower?

As far fetched as it seems our federal government has created oil companies, bought pipelines, pumped billions in to them and automakers and here we are on a chunk of what's called the new oil and at the cusp of a world wide industrial type revolution, certainly a disruption in the electrification of the world and here we sit with a shovel ready project that could be the stepping stone for the transformation that Canada needs to seriously get into face of chana and others ....and what are we as Canadians doing? 

FCC got a measly ten million and it was known they don't have a deposit and we're planning on finding one and in the meantime are prepared to sell thier soles and take in the DRC cobalt.

we are a mich different development and easily in production, it's been said, in two years or less. There is something wrong with this picture and it's not us at FT.

it's my thinking our advancement is, in a big way and based on what we have seen with FN projects  in Canada, is tied right back to the Tlicho.

it's my thinking that we bring them to the table in a significant way and things change for the better. They are ambitious, young as far as successful businesses and will, by virtue of the Tlicho final agreement will have a role anyway. So Robin and company ...we don't have a lot to lose and I think everything to gain. 

Take time and watch Jerry Asp...this is where we are headed .... if we make the right moves The Tahltan story is an incredible story to say the least and the Tlicho are wanting and we can help them and they help us....it's the way of the furture let's get on board. ( he did an inspirational presentation at the recent NWT chamber of mines geosciences forum and all eyes were glued to him) his presentation here in YK will be available later but watch this too...

https://youtu.be/T-aw-Rp-IV8

 

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